Tag: grip

Profound sadness and anger grip Israel on Memorial Day

Ruby Chen’s son, Itay, was killed in the Hamas attack on October 7. But unlike scores of other families of soldiers killed that day, Ms Chen does not have a grave to visit because his son’s remains are held captive in Gaza. The absence of a final resting place is being felt acutely now, as […]

Florida is a prime example of Trump’s vise grip on state Republican parties

In practical terms, Barron Trump’s truncated stint on the political stage as a Florida delegate to the Republican party’s national convention was little more than symbolic. His father Donald Trump’s third successive presidential campaign as the Republican nominee was all but certain anyway, and the names of those who will confirm it are essentially inconsequential. […]

Elon Musk is tightening his grip on Tesla

Elon Musk took a surprise trip to China over the weekend.Kevin Winter/Getty Images Top Tesla exec Tom Zhu has been redeployed to China, Electrek reports. Several other top execs have left Elon Musk’s company. Musk is consolidating power at Tesla as a vote over his $47 billion pay package looms. One of Tesla’s top executives […]

China tightens grip on social media companies

New rules that tighten restrictions on China’s internet companies have come into effect today. The expanded State Secrets Law compels firms – including social media giants Tencent, ByteDance and Weibo – to take action if users post sensitive information. It requires “network operators” to monitor information being shared by users. The rules also describe how […]

Bitcoin, Ether Nurse Losses as U.S. Stagflation Fears Grip Market

Crypto markets are in the red amid renewed fears of U.S. stagflation, a worst-case scenario for risk assets. Bitcoin {{BTC}}, the leading cryptocurrency by market value, traded near $62,400 at press time, down 2.5% on a 24-hour basis, according to CoinDesk Indices data. Ether {{ETH}} traded 3% lower at $3,200, and the CoinDesk 20 (CD20), […]